MERIDIAN MINING UK SOCIETAS (MNO.CA) Stock Technical Analysis
TSX:MNO - Toronto Stock Exchange - GB00BR3SVZ18 - Common Stock - Currency: CAD
Taking everything into account, MNO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MNO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MNO did better than 91% of all other stocks. We also observe that the gains produced by MNO over the past year are nicely spread over this period.
MNO is one of the better performing stocks in the Metals & Mining industry, it outperforms 79% of 806 stocks in the same industry.
MNO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNO is lagging the market slightly.
In the last month MNO has a been trading in the 0.74 - 0.87 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
MNO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.88. Right above this resistance zone may be a good entry point.
More info and screens
0.44
0.90
We found 3 important support areas.
- A support zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.45 from a trend line in the weekly time frame.
- Support @0.44 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.88 to 0.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MNO.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNO.CA is up. |
| ChartMill Relative Strength | 91.37 | POSITIVE | MNO.CA has a high relative strength, it outperformed 91.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNO.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNO.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNO.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.94 | NEUTRAL | The RSI value for MNO.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MNO.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for MNO.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.93 | MEDIUM VOLATILITY | The ATR as a percentage value for MNO.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 21.58 | NEUTRAL | The ADX value for MNO.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.85 | 0.79 | 0.06 (7.17%) | 13.95% |
| An entry @0.85. This is a Buy Stop order right above the 10 day moving average. | An exit @0.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 7.17%. | When investing 13.95% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MNO (8/20/2025, 7:00:00 PM)
0.84
+0.01 (+1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.2%
1 Week0%
2 Weeks3.7%
1 Month12%
3 Month27.27%
6 Month82.61%
12 Month107.41%
2 Year140%
3 Year52.73%
5 Year175.41%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.93%
ATR Inc-39.13%
Range Today0.02
ADR(20)0.03
ADR(20)%3.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.37
Mansfield3.68
10 Day High0.87
10 Day Low0.8
20 Day High0.87
20 Day Low0.74
52 Week High0.91
52 Week Low0.33
CS1 End0.75
CR1 Start0.88
Volume & EV
DER(3)0.28%
DER(5)0.36%
Volume212.48K
Volume Incr-48.22%
Vol(5)151.07K
Vol(50)242.68K